MARKETS / NYSE / ESP

NYSE · ELECTRONIC COMPONENTS, NEC · SMALL CAP

Espey MFG & Electronics Corp. ESP

15 fiscal years on record · USD · FY2024 reported · SEC filings only

Revenue

$44.0M

▲ 13.5% YoY

Net income

$8.1M

▲ 40.0% YoY

Free cash flow

$16.6M

▲ 206.1% YoY

In brief

What this company does

Espey Mfg. & Electronics Corp. (“Espey”) is a power electronics design and original equipment manufacturing (OEM) company with a long history of developing and delivering highly reliable products for use in military and severe environment applications. Design, manufacturing, and testing is performed in our 174,000+ square foot facility located at 233 Ballston Ave., Saratoga Springs, New York. Espey began operations after incorporation in New York in 1928. Our primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas. In fiscal years ended June 30, 2025 and 2024, the Company's total sales were $43,950,872 and $38,736,319, respectively. The Company had 152 employees as of August 31, 2025. Espey is also on the eligible list of contractors with the United States Department of Defense.

Written from the business description in Espey Mfg. & Electronics Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 16 September 2025. Every sentence was checked against that document before publication.

Growth

USD 44.0M

Revenue, FY2024 · full 15-year series below

Revenue $M Net income $M

FY2024 · Revenue 44.0 · Net income 8.1

Compound annual growth

Revenue

+11.0%

+6.9%

+5.1%

Net income

+86.0%

+47.6%

+9.8%

EPS, diluted

+79.7%

+43.9%

+8.1%

Dividend / share

+0.0%

Returned to shareholders

+1.7%

+3.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +6.9% a year over five years — but profit grew faster: net income at +47.6%, earnings per share at +43.9%.

The share count rose from 0.00B to 0.00B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

19 cents

of every revenue dollar became profit

Operating margin Net margin

FY2024 · Operating 18.5% · Net 18.5%

ROE

FY2024 · ROE 17.7%

Gross margin28.9%

Operating margin18.5%

Net margin18.5%

Return on assets12.0%

EBITDAUSD 8.6M

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 2.6M

returned in FY2024 · dividends + net buybacks

Free cash flow $M

FY2024 · FCF 16.6

Net buybacks $M Dividends $M

FY2024 · Dividends 2.6 · Net buybacks —

Dividends paidUSD 2.6M

Net buybacks—

Share of profit31.9%

Consecutive raises2 years

USD 2.6M in dividends — 32% of the year's profit went back to shareholders.

Total assetsUSD 79.1M

EquityUSD 50.8M

CashUSD 18.9M

Current ratio2.66×

Equity funds 64% of total assets.

The 15-year record

15 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EPS, diluted $	3.02	2.29	1.49	0.52	−0.08	0.49	0.98	1.31	0.49	1.38	1.39	0.51	2.48	1.99	1.77
Dividend / sh $	1.00	0.68	0.20	·	0.50	1.00	2.00	1.00	1.00	1.00	1.00	2.00	1.98	1.90	·
Payout %	32	29	13	·	−662	205	202	76	203	90	53	384	·	94	106
ROE %	17.7	15.1	10.8	4.1	−0.6	3.7	7.2	9.4	3.5	10.0	10.5	3.8	18.1	15.1	13.5
Shares out B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 75 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 20 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityElectronic Components, NEC

Listed onNYSE

Incorporated inNew York

Fiscal year endsJune 30

SEC categorysmaller reporting company

Data on record since2010